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Arbitrum (ARB) leads $843 million token unlocks this week
The token unlocks set to hit the cryptocurrency market between December 16 and December 23 are valued at approximately $843 million. The releases are divided into two different categories: cliff unlocks, led by Arbitrum’s ARB token release, and linear unlocks, headlined by Worldcoin’s WLD token. The unlock schedule involves both major layer-1 blockchain tokens and […]Cryptopolitan
Mon, Dec 16
Chinese stocks tumble as Bitcoin breaks all-time highs. Coincidence?
China’s stock markets are bleeding red, while the Bitcoin it banned rockets to new highs, leaving us to wonder if there’s a connection between the two. On Monday, the CSI 300, which tracks China’s top companies, dipped 0.6%, and the Hang Seng index slid 0.4% in Hong Kong. Over the same period, Bitcoin exploded by […]Cryptopolitan
Mon, Dec 16
ECB announces it will continue cutting rates until further notice
The European Central Bank (ECB) is not backing down. Borrowing costs are heading south in the Eurozone, and there’s no set limit to how far they’ll go. So Christine Lagarde, the President of the ECB, made it crystal clear during a recent speech that inflation has finally been brought to its knees—or close enough to […]Cryptopolitan
Mon, Dec 16
Maye Musk sheds light on her son’s D.O.G.E. goals – Mother’s tale for America
Maye Musk, the mother of billionaire entrepreneur Elon Musk, has opened up about her son’s ambitions to tackle inefficiency in the U.S. government. Speaking to FOX News, Maye shed light on D.O.G.E., a newly announced initiative under President-elect Donald Trump. In the interview, Maye reflected on raising one of the world’s richest men, saying Musk […]Cryptopolitan
Mon, Dec 16
Ripple CTO drops RLUSD bombshell, “Don’t FOMO into this stablecoin”
David Schwartz, Ripple’s CTO, issued a warning regarding potential price volatility for RLUSD, a new USD-pegged stablecoin. This comes in when the RLUSD is heading toward its market debut while Ripple Labs gains regulatory clarity in the United States. Bullish sentiments emerging from investors for Ripple can be seen in the recent XRP price action. […]Cryptopolitan
Mon, Dec 16
Justin Sun moves to withdraw $209 million in Ethereum from Lido Finance – Will ETH markets tank?
Justin Sun recently withdrew 52,905 ETH from Lido Finance, an amount valued at approximately $209 million. This withdrawal adds to his earlier transactions in Ethereum, and there’s speculation that his activity could potentially impact the ETH market. According to blockchain analytics firm Spot On Chain, Sun amassed 392,474 ETH across three wallets for an estimated […]Cryptopolitan
Mon, Dec 16
